Quimperlé, France-based manufacturer of tobacco-related papers Papeteries de Mauduit (PDM), a subsidiary of Schweitzer-Mauduit International, announced today that the company will restructure its business as well as start a significant investment programme.
The restructuring plan will result in the loss of approximately 210 jobs.
As a result of evaluations of how to operate its production facilities in France more effectively, Schweitzer-Mauduit International is planning to invest approximately € 18 million in order to upgrade its PDM facility to remain competitive. (ci)
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